Huliq.com:
The Internal Revenue Service reminds members of the military to take advantage of Free File, which allows taxpayers to prepare and e-file their federal income tax return online for free. Taxpayers who have an adjusted gross income of $52,000 or less in 2006 are eligible.
Available here, Free File is fast, easy and safe to use. It is available in English and Spanish. The program can be accessed from any computer that is connected to the Internet, making it especially convenient for those stationed abroad. It can be accessed 24 hours a day, 7 days a week. Free File returns are transmitted using secure technologies.
To start, first go to the home page of this Web site and click on ‘Free File’, then press the ‘Start Now’ button. Then, either review the list of tax preparation company offerings to select a vendor or click the ‘Guide Me to a Company’ button. Free File is not available by going directly to a company’s Web site. Once a company has been selected, follow the link to its Web site and begin preparing the return.
In addition to saving money, Free File users enjoy other benefits. Preparing taxes electronically saves time. That’s because the software features an instructive interview process that guides users through preparing their return, helps answer their questions and informs them of the newest tax breaks, such as this year’s one-time refund of the excise tax on long-distance telephone service.
Some of the Free File Alliance companies also offer free preparation and filing of state income tax returns and filing of time extensions. Some also offer no-cost online filing of Form 1040EZ-T, Telephone Excise Tax Refund, for those who want to request the refund and are not required to file a federal income tax return.
The IRS automatically extends the deadline for filing tax returns, paying taxes, filing claims for refunds and taking other actions related to federal income tax for U.S. Armed Forces personnel serving in a combat zone. Carry on reading…
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